Washington (CNN) President Joe Biden on Saturday was noncommittal on ordering a Strategic Petroleum Reserve release in an attempt to address rising crude oil prices after the OPEC+ coalition rejected calls from the US and other big oil consuming nations to increase output by more than planned in December. "I'm not anticipating that OPEC would respond, that Russia and/or Saudi Arabia would respond," Biden told reporters at the White House. "They're gonna pump some more oil. Whether they pump enough oil is a different thing." Only the US president can order crude stored in those reserves to be released.

Source: CNN November 06, 2021 22:47 UTC